Ever-Glory International Group (EVK) Set to Announce Earnings on Wednesday

Ever-Glory International Group (NASDAQ:EVK) will be posting its quarterly earnings results before the market opens on Wednesday, November 13th.

Ever-Glory International Group (NASDAQ:EVK) last announced its earnings results on Wednesday, August 14th. The textile maker reported $0.13 earnings per share (EPS) for the quarter. Ever-Glory International Group had a net margin of 2.35% and a return on equity of 9.10%. The company had revenue of $77.32 million during the quarter.

Shares of EVK stock traded down $0.47 during mid-day trading on Tuesday, hitting $2.65. The company had a trading volume of 1,900 shares, compared to its average volume of 487. Ever-Glory International Group has a 52-week low of $2.35 and a 52-week high of $4.20. The stock’s 50 day moving average price is $3.19 and its 200-day moving average price is $3.26. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.31 and a quick ratio of 0.85. The company has a market capitalization of $39.22 million, a P/E ratio of 3.90 and a beta of 0.51.

Several equities analysts have recently commented on the stock. Warburg Research reissued a “buy” rating and issued a $36.00 target price on shares of Ever-Glory International Group in a report on Tuesday, November 5th. Baader Bank reiterated a “buy” rating and set a $29.00 target price on shares of Ever-Glory International Group in a report on Tuesday, October 29th. Nord/LB reiterated a “neutral” rating and set a $24.00 target price on shares of Ever-Glory International Group in a report on Tuesday, November 5th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $26.00 target price on shares of Ever-Glory International Group in a report on Tuesday, November 5th. Finally, Kepler Capital Markets reiterated a “sell” rating and set a $23.00 target price on shares of Ever-Glory International Group in a report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. Ever-Glory International Group presently has a consensus rating of “Hold” and a consensus target price of $26.40.

About Ever-Glory International Group

Ever-Glory International Group, Inc manufactures, distributes, and retails apparel in the People's Republic of China, Germany, the United Kingdom, rest of Europe, Japan, and the United States. It operates in two segments, Wholesale and Retail. The company primarily offers casual wear, outerwear, and sportswear.

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Earnings History for Ever-Glory International Group (NASDAQ:EVK)

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